We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · CM1 2RF
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 10506 This detached chalet bungalow is a rare gem for first-time buyers or investors.
Complete with off-street parking, this 3-Bedroom property is perfectly located within a short stroll of the vibrant city centre and Chelmsford mainline railway station, which connects you to London Liverpool Street in under 35 minutes.
This delightful property offers unique charm, or is perfect for exploring development opportunities, subject to planning approval.
Planning has previously been granted for demolition and rebuild as a 4-bed home with large study. Lower level includes entrance hallway leading to 2 large bedrooms at the front of the property.
To the rear is a compact kitchen with side access leading to private rear garden, and bathroom complete with bathtub/shower.
There is also a south facing lounge at the rear with stairs leading to an a master bedroom.
This property is ideal for investors, currently marketed with tenant in situ but can be sold vacant possession subject to the statutory notice periods.
The private garden offers a beautiful retreat with paved areas, mature shrubs, and hedges. The front includes off-street parking which can comfortably hold up to 3 cars.
On-road permit parking is also available, from Chelmsford City Council.
This charming home is packed with potential, offering a conveniently located starter home, or blank canvas to ambitious investors who want to get creative, subject to necessary planning consents.
Location South Primrose Hill is situated on a peaceful residential street, on the edge of the city centre.
Within short walking distance of Chelmsford city centre’s vibrant retail shops, leisure and restaurants.
Perfect for families or commuters looking to take advantage of Chelmsford’s mainline station which connects you to the heart of London Liverpool Street in as under 35 minutes.
Chelmsford City Centre offers bustling nightlife with bars, theatres, restaurants and cinemas all within walking distance.
Chelmsford offers one of the highest rated retail offerings in Essex, together with a range of leisure facilities, gyms, parks and golf clubs.
Both Admirals and Central Park are within 5 minute walk, offering beautiful nature and river walks.
Chelmsford is also home to some of the county’s top-performing schools, including grammar schools, private schools and university all within easy reach.
Broomfield University Hospital is also a short distance away, offering some of the top medical facilities in Essex. Gas powered central heating throughout Viewing By prior appointment only.
*These sales particulars as provided as a general guide only, and should not be relied upon.
Buyers are encouraged to complete their own surveys and make their own enquiries as it relates to consents or accuracy or reliability of the information provided.*
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 5 South Primrose Hill, Chelmsford, CM1 2RF
Explore nearby